The budget and financial plan of the EU in Brussels have an impact on the ECB’s monetary policy insofar as any deficits (EU spending in excess of the member countries’ own resources transfers) entail inflation risks that are most likely to affect the euro area. – For a detailed discussion, see the Deutsche Bundesbank’s Monthly Report of October 2005, pp. 17 ff (with numerous overviews).
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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
E-mail address: info@ekrah.com
https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk
https://www.jung-stilling-gesellschaft.de/merk/
https://www.gerhardmerk.de/